Perstorp raises Oxo chemicals and plasticisers prices globally amid feedstock costs

Perstorp Oxo AB is raising selling prices globally for a range of Oxo chemicals and plasticisers, effective immediately or as existing contracts allow, with all other terms unchanged. Increases include +180 EUR/mt for 2-Ethylhexanoic Acid and 2-Ethylhexanol in Europe, +0.05 USD/lb in the USA, and +210 USD/mt in the rest of the world. Perstorp cites sharply rising raw material and energy prices driven by the re-escalation of the Middle East conflict.

Key facts

Market context

Oxo chemicals such as 2-ethylhexanol and 2-ethylhexanoic acid are key intermediates in the production of plasticisers, which are added to PVC to make it flexible for products like cables, flooring, films and medical tubing. They are also used in coatings, lubricants and specialty esters. Demand therefore tracks construction, automotive and packaging activity. Oxo production relies on propylene and syngas, so swings in feedstock and energy costs feed directly into producer margins. When a major producer adjusts list prices across regions, buyers often face higher contract costs and may seek alternative suppliers or longer-term agreements, while rival producers commonly review their own pricing. Price moves of this kind can signal broader cost pressure through the plasticiser and specialty chemical chain.

Source: official release on perstorp.com. Summary and context written by Market Krystal.